Unity Bancorp (UNTY) Declares $0.13 Quarterly Dividend; 1.9% Yield

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Unity Bancorp Announces 8% Increase in First Quarter Dividend

February 22, 2024 4:01 PM EST

CLINTON, N.J., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.13 per common share. Such dividend is payable on March 29, 2024, to shareholders of record as of March 15, 2024.

This represents an 8% increase from the $0.12 dividend per common share paid in the prior quarter.

We are pleased to announce another increase in our dividend payout, a testament to our robust financial performance and our unwavering commitment to delivering shareholder... More